Powell repeats his pledge to keep the economic expansion going while acknowledging that tariffs and other factors are causing growth to slow.The Fedread more
Stocks fell on Friday as Wall Street parsed through a highly anticipated speech from Federal Reserve Chairman Jerome Powell.US Marketsread more
China says the new tariffs will begin Sept. 1 and Dec. 15. That's when President Trump's latest tariffs on Chinese goods are to take effect.Marketsread more
On Tuesday, Walmart filed suit against Tesla alleging its solar panels had caused fires in seven of its stores.Technologyread more
The idea came up as the White House brainstorms on ways to avoid a preelection economic slowdown, The Washington Post reports.US Economyread more
The Koch brothers financed one of the most influential political networks in the modern era. The sprawling political empire includes conservative and libertarian nonprofits...Politicsread more
At least three members of Facebook's Libra organization are considering leaving the operation due to intense regulatory scrutiny.Technologyread more
Google on Friday released a new set of community guidelines that are meant to crack down on what employees can say inside the company.Technologyread more
Emails between Facebook employees from 2015 illustrate early actions the company took to investigate third-party use of their data.Technologyread more
Andrew McCabe filed a lawsuit alleging that his removal was part of a scheme by President Donald Trump to remove government employees "because they were not politically loyal...Politicsread more
Falling air cargo demand could be flashing warning signs about the broader economy.Transportationread more
More than a third of companies are planning mergers or acquisitions within the next year, according to an Ernst & Young (EY) survey of senior executives across 70 countries, as confidence grows in the global economic recovery.
EY also found that almost three-quarters of the surveyed 1,600 executives expected both the number and size of deals to increase.
"M&A (mergers and acquisitions) sentiments are being buoyed by a much more positive view of deal fundamentals — there have been notable increases in the number and quality of acquisition opportunities, as well as a significant improvement in the likelihood of successfully closing deals," said Pip McCrostie, global vice chair of transaction advisory services at EY, one the U.K.'s "big four" professional services firms.
"All of this is underpinned by growing confidence in a global economy on a sounder footing — improving economic conditions in mature economies and more stabilization in the major emerging markets."
According to EY, the top five destinations for prospective cross-border deals were China, India, Brazil, the United States and Canada. While the highest level of anticipated deal-making was in life sciences, energy, automotives and consumer products.
(Read more: )
"The emerging markets, both BRIC (Brazil, Russia, India and China) and non-BRIC, are of growing interest to dealmakers, and allow for portfolio diversification. Emerging markets are also expected to invest more in mature economies as well as other emerging markets prospectively, as they secure the necessary capital and seize the opportunity to drive growth through larger acquisitions, " said McCrostie in the report.
According to Dealogic data, global M&A volumes reached $2.1 trillion in the first nine months of this year, up 17 percent on the same period in 2012. However, the number of deals fell to 27,216, marking the second consecutive year-on-year decline during this period.
—By CNBC's Katy Barnato